M-KOPA | News, Hiring, Layoffs, Competitors, CEO, Fundraising Insights
M-KOPA is a UK-headquartered fintech company focused on providing affordable smartphones and digital financial services to underserved...
M-KOPA is a UK-headquartered fintech company focused on providing affordable smartphones and digital financial services to underserved individuals in emerging markets. With operations in several African countries, M-KOPA has extended over $1.5 billion in credit to more than 5 million customers through an innovative financing model that allows for daily repayments. The company leverages payments data and AI-driven analytics to build credit records for customers, facilitating access to digital loans, data subscriptions, and insurance.
Website
Size
1001-5000 employees
Industry
Financial Services
Specialities
smartphones, fintech, digital finance, technology, financial inclusion, digital connectivity, emerging markets, e-mobility, impact
🛍️ M-KOPA Product and Pricing News →
👔 M-KOPA CEO, Management and Leadership Team →
⚔️ M-KOPA Alternatives and Competitors →
💼 M-KOPA Hiring and Layoffs →
🤖 M-KOPA Developer, Integration and Automation News →
📈 M-KOPA Financials, Fundraising and Valuation News →
🛍️ M-KOPA Product and Pricing News
- M-KOPA is embroiled in a tax evasion dispute with the Kenya Revenue Authority over inflated debtor lists and is seeking to write off Sh308.5 million owed by clients.
- M-KOPA South Africa launched the budget-friendly M10 smartphone on April 9, 2025.
- M-KOPA South Africa launched the X20 with theft and accidental damage protection on March 27, 2025.
- M-KOPA introduced the M-KOPA S34 smartphone and offers hospital cover with up to 10 hospital night visits for certain loan periods.
- M-KOPA has introduced new smartphone models including the SAMSUNG A06 and M-KOPA S34, featuring Android 14, enhanced camera capabilities, and dual SIM functionality, replacing older models like the SAMSUNG A15 and A05.
- M-KOPA Ghana launched the M-KOPA X Series (X2 and X20 devices) during their annual Sales Conference, bringing together managers from all 16 regions for the first time in person.
- M-KOPA won a trademark infringement lawsuit against former agent John Waweru Njenga, reinforcing intellectual property rights in Kenya.
- M-KOPA is experiencing technical issues with their cash loan feature, which is currently turned off as of April 9, 2025.
👔 M-KOPA CEO, Management and Leadership Team
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Product Director
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Director of Mobility
[email protected] -
Director of Engineering[email protected]
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CEO and co-founder[email protected]
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Chief Technology Officer[email protected]
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Chief Product Officer[email protected]
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Chief Commercial Officer M-KOPA[email protected]
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Customer Care Executive[email protected]
⚔️ M-KOPA Alternatives and Competitors
- Lumos |
- Fido Money Lending |
- Asaak |
- Rensource Energy |
- Messenger |
- MarketForce |
- d. light |
- Bboxx |
- Tugende |
- Apple Capital |
- ZOLA Electric |
- Clean Fund |
- EAM Solar |
- Philux Global Group |
- TradeDepot
💼 M-KOPA Hiring and Layoffs
- M-KOPA is currently seeking a Regional Sales Training Lead in Nigeria.
- Prinersh Chathargoon, Retail Operations Manager - SA at M-KOPA, visited the Limpopo province to engage with the local retail team and support their operations.
- On April 8, M-KOPA's Senior Product Manager Angela Mukami and her team conducted field visits in Likoni and Changamwe to engage with sales agents and gather insights for improving customer-centric products.
- M-KOPA is currently seeking a Customer Care Trainer in Ghana.
- Last week, M-KOPA's Senior Product Manager Angela Mukami and Mombasa Sales Manager Peterson Kariuki conducted a field market visit to assess the impact of recent software updates on sales processes and gather feedback for further improvements.
- Kamila Turek joined M-KOPA as Head of Learning & Development in January.
🤖 M-KOPA Developer, Integration and Automation News
- M-KOPA partnered with Turaco to offer free health insurance to over 1 million Kenyans by embedding Hospital Cash coverage into their smartphones.
- M-KOPA, a leading African Fintech platform, has partnered with HMD to provide affordable finance and distribute HMD devices to 2.5 million customers.
- M-KOPA is collaborating with Roam and Bolt to offer financing for Roam Air electric vehicles, allowing riders to own them for KES 10,000-15,000.
- M-KOPA hosted Shingo Ueno, CEO of Sumitomo Corporation, at their Kenya headquarters to strengthen their strategic partnership focused on sustainable growth and financial inclusion.
📈 M-KOPA Financials, Fundraising and Valuation News
- M-KOPA secured a $51 million investment for the financial and blockchain sector.
- M-KOPA has increased its female customer base to 40% and reports that 91% of these women find digital training helps them use smartphones more productively.
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